#inventory-data

#inventory-data

Crude oil prices near $83.50 stabilized due to lower U.S. crude inventory, with market sentiment weak amidst geopolitical concerns and rising inflation.

Weekly housing inventory data can fluctuate due to short-term factors like holidays.

Despite recent weekly decreases, year-over-year housing inventory is still growing, showing positive signs for the market.

Spreads between 10-year yield and 30-year mortgage rates improving could indicate a positive trend for the future of the housing market.

Rising geopolitical tensions supporting oil prices amidst Fed caution and inventory surge